Announcement Regarding the Completion of Takeover Bid for Karel Elektronik Shares

05.09.2022

The mandatory takeover bid process, which had arisen as our Company's direct subsidiary Öncü Girişim Sermayesi Yatırım Ortaklığı A.Ş. had acquired privileged shares of Karel Elektronik Sanayi ve Ticaret A.Ş. (Karel Elektronik) providing the absolute majority of the voting rights and the seats at the Board of Directors, had been fulfilled by Öncü Girişim Sermayesi Yatırım Ortaklığı A.Ş. during August 22- September 5 2022 with a takeover bid price of TRY11.4727 per share. The process was completed at 17:00 on September 5, 2022 (today).

1 (one) investor participated to the obligatory takeover bid with 0.208 Karel Elektronik share.

It is announced to the public and shareholders with our respect.

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